Apex Group is to acquire the operating businesses of MJ Hudson including its ESG services.

MJ Hudson’s will add approximately €80bn of assets under management to Apex Group’s existing European ManCo offering and its data & analytics business including its ESG services. This will add to Apex Group’s existing ESG ratings & advisory offering.

Peter Hughes, Founder and Chief Executive Officer of the Apex Group comments: “We are pleased to announce the acquisition of these businesses which will deepen our footprint in Europe, particularly with regard to ManCo and Fund Administration solutions, and will add complementary advisory services, including in the fast-growing ESG space. With the addition of MJ Hudson’s ManCo business, we will consolidate our position as one of the largest super ManCo providers in both the Luxembourg and Irish markets, offering scalable, pan-European solutions to clients. We look forward to welcoming new clients and 250 colleagues to Apex Group which offers a secure and supportive home for their future growth and success.”